NY foreign exchange market = dollar unchanged, September interest rate cut is certain, and the sharp rise in yen comes to a standstill

July 27, 2024 6:38 AM GMT+9 (some excerpts)

The dollar remained almost unchanged in the New York foreign exchange market at the end of the day. In response to the June personal consumption expenditure (PCCE) price index announced on this day, investors believe that the path to September monetary easing by the US Federal Reserve (FRB) has become clear.
The dollar index fell 0.04% to 104.29.
The June PCE price index rose 2.5% from the previous year. It slowed from 2.6% in the previous month, and became the smallest increase in the past 4 months.